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fromBusiness Matters
11 hours ago

Barclay brothers given six weeks to strike deal to avoid bankruptcy

Howard and Aidan Barclay must secure creditor-backed IVAs by 17 March or face potential bankruptcy after HSBC launched proceedings over Logistics Group debt.
fromwww.theguardian.com
2 months ago

US private equity giant poised to take over online retailer The Very Group

Carlyle first became a lender to the Very Group in 2021 with a loan of undisclosed size. The investor followed that up in 2024 with about 85m out of a 125m debt package. Carlyle's total financing to the business is thought to be more than 500m. Abu Dhabi-based investment fund International Media Investments (IMI), which also lent to Very, is expected to remain a lender.
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